Dollar Index Update on 03 January 2017

US PRE MARKET

The US Dollar Index are trading at 92.00 for up with +0.16% percent or +0.15 point. The cac 40 index are trading at 5,303.17  for up with +0.28% percent or  +14.57 point . The DAX Index are trading at 12,905.85 for up with +0.27%  percent or  +34.46 point. The EURO Stoxx 50 Index are trading at 3,493.83 for up with +0.10% percent or +3.64 point.

TODAY’S FACTORS AND EVENTS

The dollar’s decline continued the momentum of 2017, the greenback’s weakest annual performance in 14 years.

“Investors remain skeptical about the Fed’s outlook for three additional interest rate increases this year, especially given the extremely benign inflation backdrop in the U.S.,” said Omer Esiner, chief market analyst, at Commonwealth Foreign Exchange in Washington.

The dollar’s upside was also capped as many of the world’s major central banks such as the Bank of England and European Central Bank are moving toward normalizing their own monetary policies.

PREVIOUS DAY ACTIVITY

U.S. market were lower on Tuesday. For the day the Dow Jones Industrial Average closed at 24,824.01 for up with +0.42% percent or  +104.79 point. The S&P 500 closed at 2,695.81 for up with +0.83% percent or  +22.20 point. The Nasdaq Composite closed at 7,006.90 for up with +1.50% percent or  +103.51 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,550.01  for up with +0.94% percent or +14.50 point; the S&P 600 Small-Cap Index closed at 942.97  for up with +0.72%  percent or +6.71  point; the S&P 400 Mid-Cap Index closed at 1,917.36 for up with +0.88% percent or +16.79 point; the S&P 100 Index closed at 1,193.55 for up with +0.88% percent or  +10.40 point; the Russell 3000 Index closed at 1,595.87  for up with  +0.83% percent or +13.10 point; the Russell 1000 Index closed at 1,493.93  for up with +0.82% percent or  +12.12 point; and the Dow Jones U.S. Select Dividend Index closed at 24,824.01  for up with +0.42% percent or +104.79 point.

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